Acme, Inc., had revenues of $78 million, cash operating expenses of $24 million, and non-cash depreciation expense of $17 million during the year. Also during the same year, the firm purchased $5 million of additional equipment while also increasing its working capital investment by $17 million. Additionally, the firm had $8 million in interest expense. The tax rate for Acme is 25%. What is Acme's free cash flow for the year?

Answer to the nearest $0.01 million